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Oracle 1z0-1107-2 Exam Syllabus Topics:

SectionObjectives
General Ledger- Chart of Accounts and Ledger Configuration
- Financial Reporting Basics
- Journal Processing
Cash Management- Bank Reconciliation
- Bank Account Setup
Fixed Assets- Asset Creation and Management
- Depreciation Processing
Accounts Payable- Payment Processing
- Invoice Processing
- Supplier Management
Oracle Financials Cloud Overview
Accounts Receivable- Customer Management
- Billing and Invoicing
- Receipts and Collections

Oracle Financials Business Process Foundations Associate Rel 2 Sample Questions:

1. Easy Solutions INC has decided to set up a meals expense policy and you have been given the responsibility to define the policy. Identify the correct sequence of steps that should be per-formed to define the meals expense policy? (Choose the best Answer.)

A) Associating the Meals Expense Policy with an Expense Type > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expense Type
B) Completing the Meals Rate Spreadsheet > Setting up Policy Violations > Setting up a Meals Policy > Associating the Meals Expense Policy with an Expendim Type
C) Setting up a Meals Policy > Setting up Policy Violations > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type
D) Setting up Policy Violations > Setting up a Meals Policy > Completing the Meals Rate Spreadsheet > Associating the Meals Expense Policy with an Expense Type


2. Which technology helps in calculating and recommending discounts for single payments in Oracle Payments? (Choose the best Answer.)

A) Internet of Things
B) 4. Digital Assistant
C) Adaptive Intelligence
D) Machine Learning


3. Robert works as an Asset Accountant for Glenn Systems and tracks the transactions that require attention by using the Additions infotile in the Assets work are a. Which three statuses can he track by using this infotile? (Choose three.)

A) Incomplete
B) Merged
C) Exceptions
D) Ready to Transfer
E) Ready to Post


4. Your organization follows the integrated invoice imaging solution to scan and process sup-plier invoices. Steve is a Payables clerk and his job is to regularly review the invoices created from an invoice image that has invalid or missing dat a. In which status can these invoices be found? (Choose the best Answer.)

A) Needs Revalidation
B) Incomplete
C) Not Validated
D) Validated


5. Your organization is exploring solutions that enable their employees to submit expenses by using opt such as SMS or Microsoft Teams. Which technology will help your organization achieve this? (Choose the best Answer.)

A) Blockchain
B) Adaptive Intelligence
C) IOT
D) digital Assistant


Solutions:

Question # 1
Answer: C
Question # 2
Answer: C
Question # 3
Answer: A,C,E
Question # 4
Answer: B
Question # 5
Answer: D

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